Purpose – To purchase New Car/Van/Jeep, Old car/van/jeep which is not older than three years Eligibility – Individuals; Business concerns (corporate or non-corporate), Farmers having irrigated land holding of 10 acres and above are eligible unlike other car loan Quantum of Loan – For individuals: 25 times their Net Monthly Salary / Income or Rs.7… Read More »
A recent press report said that the Finance Ministry has sent its views to the RBI on granting new banking licences. The views were in favour of granting new licences to the industrial houses, provided the bank will be a separate entity. The report also said that in the discussion paper on ‘Entry of New… Read More »
A recent press report said that Kotak Mahindra Bank’s net profit has increased by 35 per cent to Rs 252 crore during the quarter ended June 30, 2011, from Rs 187 crore in the year-ago quarter. Reports said that the growth in profits was due to the growth in interest income and lower provisions. Mr.… Read More »
Purpose – Purchase of new and old vehicles Eligibility – Salaried, self employed or professional with repaying capacity Quantum of loan – Maximum Rs.25/- Lakhs for commercial vehicles Margin – New Car 10%; Used Car- 50% (Valuation); commercial vehicle- 30% Rate of Interest – The rate of interest of the car loan for New… Read More »
Vijay Co-operative Bank Limited was instituted by Sh. Natwarlal Prabhudas Patel in the year 1963. Its registered office then was situated in Naroda at the Vijay Mills. The prime objective of commencement of Vijay Bank was to work for the less fortunate members of the community by enhancing their economic enterprises and create ample funds… Read More »
Vijay Co-operative Bank Limited was instituted by Sh. Natwarlal Prabhudas Patel in the year 1963. Its registered office then was situated in Naroda at the Vijay Mills. The prime objective of commencement of Vijay Bank was to work for the less fortunate members of the community by enhancing their economic enterprises and create ample funds… Read More »
Purpose – Any purpose Eligibility – The borrower should have N.S.C., K.V.P., Relief Bond etc. Margin – 20% Rate of Interest – The rate of interest is 11% Duration – Till date of maturity of Securities Other Conditions – The applicant borrower must open Saving Bank/Current Account and furnish all papers/ documents as per… Read More »
The Cosmos Co-operative bank was established in the year 1906, it is the second the oldest bank in the country. The Bank has recently completed glorious 106 years of service successfully. It has attained multi state scheduled status in 1997. The Bank is a professionally managed ‘Financial Institution’, a benchmark of credibility and innovation. The… Read More »
Established in 1906, the Cosmos Co-operative Bank Ltd. is the second oldest bank in the country. The Bank has recently completed glorious 106 years of service successfully. The main objective of the bank is to give loans to Cosmos Bank members at concessional rates for pursuing higher education abroad, to give medical help to members… Read More »
The bank offers Loan Schemes at very competitive rate of interest & reasonable documentation with fast disposal. The various loan schemes of the bank are Car Loan, Home Loan, Cosmo Credit Loan, Cosmo Mortgage Loan, Cosmo SME Loan, Industrial and Business Loan, Vendor Finance, LC discounting, Gold loan scheme Loan, Educational Loan, Share Overdrafts etc.… Read More »